Turnover rose 19.6 per cent to Rs 490 crore from Rs 409.7 crore last year. In the previous year, the growth in sales was 17.5 per cent.

Dividend payout for the year is higher at Rs 7.5 per share (Rs 3 per share interim and Rs 4.5 per share final dividend), which is Rs 11.96 crore, against Rs 7.69 crore last year (Rs 2 per share interim and Rs 3 per share final dividend).

Operating profit rose to Rs 44.8 crore from Rs 36.2 crore. Operating profit margins increased to 9.1 per cent from 8.8 per cent last year. Net profit margins also went up to 6.1 per cent from 4.8 per cent.

The financial results do not take into account the impact of the proposed merger of Kanmoor Foods Ltd, which is subject to approvals from the Board for Industrial and Financial Reconstruction (BIFR) and Marico shareholders, the companysaid.

Depreciation was higher at Rs 3.9 crore, against Rs 3.1 crore last year. Provision for taxation fell to Rs 6.4 crore from Rs 7.6 crore last year.

A company release said, all product categories have registered double digit percentage volumes growth in the range of 10-22 per cent. The company said that market share has risen across product categories. Marico's brand range consists of Parachute, Saffola, Sweekar, Revive, Hair & Care and Sil.

The company said that operating margins for the year registered an increase backed by raw material prices stabilising, although at higher levels. This is despite higher spending on brand restage and certain one-time expenses, it added.

Economic value added (EVA), a measure of performance employed by Marico, increased from Rs 8.7 crore for the previous year to Rs 18.8 crore this year, the company said. EVA as a proportion of average capital employed has also moved up from 8.47 per cent to 18.35 per cent, the company said.